Income Tax – Interest Rate – Wynne Case

Bill Number:  SB0193

Bill Sponsor(s):  Senator Serafini

Subject:  Budget and Taxation

Bill Summary:

Repealing a requirement that the Comptroller set the annual interest rate on income tax refunds that result from the decision under Maryland State Comptroller of the Treasury v. Brian Wynne at a certain amount; requiring the Comptroller to pay additional interest amounts to taxpayers that received income tax refunds with interest calculated using a certain interest rate; etc.

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